See all 11 photos
$1,120,000
Est. payment /mo
0.36 Acres Lot
Price Dropped by $75K
773 N Mollison Ave El Cajon, CA 92021
UPDATED:
09/29/2024 10:31 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2403716
HOA Y/N No
Lot Size 0.360 Acres
Lot Dimensions 194 x 82 Approx
Property Description
HUGE PRICE REDUCTION. Seller motivated, submit all offers. Attention Developers and Builders! This is a must see opportunity! This property is being marketed for its highest and best use which is Condos, Apartments plus possible additional ADUs. Current zoning is Residential Multi Family R3 / RM2500. Lot size is approximately 15,689. El Cajon City Zoning says 6 units plus perhaps 2 additional. Buyer to verify all at El Cajon City Building Department. This area of Mollison in El Cajon has a high number of multi residential properties. This lot has a high walk score and is adjacent to Dennys, Starbucks, convenience stores and gas stations. It is within walking distance to Wendys, Seven Eleven, and other grocery and fast food stores. Easy access to all with Interstate 8 so close. And, there are elementary, middle and high schools near-by. House that is on property is in good shape. It has nearly 2500 square feet. At some point the patio was enclosed and garage converted, adding considerable living area to the square footage listed on the tax rolls. House now has 4 bedrooms, 2 baths with a really big family room and inside laundry. UPDATE: Property is held in a family trust, permits are unknown. Property was long term tenant occupied. Tenant just moved out and property is being cleaned. Interior needs to be refurbished. Although the information provided herein is thought to be reliable, the buyer and buyers agent MUST satisfy themselves by performing their own due diligence to research and verify all information pertaining to this property prior to the removal of contingencies.
HUGE PRICE REDUCTION. Seller motivated, submit all offers. Attention Developers and Builders! This is a must see opportunity! This property is being marketed for its highest and best use which is Condos, Apartments plus possible additional ADUs. Current zoning is Residential Multi Family R3 / RM2500. Lot size is approximately 15,689. El Cajon City Zoning says 6 units plus perhaps 2 additional. Buyer to verify all at El Cajon City Building Department. This area of Mollison in El Cajon has a high number of multi residential properties. This lot has a high walk score and is adjacent to Dennys, Starbucks, convenience stores and gas stations. It is within walking distance to Wendys, Seven Eleven, and other grocery and fast food stores. Easy access to all with Interstate 8 so close. And, there are elementary, middle and high schools near-by. House that is on property is in good shape. It has nearly 2500 square feet. At some point the patio was enclosed and garage converted, adding considerable living area to the square footage listed on the tax rolls. House now has 4 bedrooms, 2 baths with a really big family room and inside laundry. UPDATE: Property is held in a family trust, permits are unknown. Property was long term tenant occupied. Tenant just moved out and property is being cleaned. Interior needs to be refurbished. Although the information provided herein is thought to be reliable, the buyer and buyers agent MUST satisfy themselves by performing their own due diligence to research and verify all information pertaining to this property prior to the removal of contingencies.
HUGE PRICE REDUCTION. Seller motivated, submit all offers. Attention Developers and Builders! This is a must see opportunity! This property is being marketed for its highest and best use which is Condos, Apartments plus possible additional ADUs. Current zoning is Residential Multi Family R3 / RM2500. Lot size is approximately 15,689. El Cajon City Zoning says 6 units plus perhaps 2 additional. Buyer to verify all at El Cajon City Building Department. This area of Mollison in El Cajon has a high number of multi residential properties. This lot has a high walk score and is adjacent to Dennys, Starbucks, convenience stores and gas stations. It is within walking distance to Wendys, Seven Eleven, and other grocery and fast food stores. Easy access to all with Interstate 8 so close. And, there are elementary, middle and high schools near-by. House that is on property is in good shape. It has nearly 2500 square feet. At some point the patio was enclosed and garage converted, adding considerable living area to the square footage listed on the tax rolls. House now has 4 bedrooms, 2 baths with a really big family room and inside laundry. UPDATE: Property is held in a family trust, permits are unknown. Property was long term tenant occupied. Tenant just moved out and property is being cleaned. Interior needs to be refurbished. Although the information provided herein is thought to be reliable, the buyer and buyers agent MUST satisfy themselves by performing their own due diligence to research and verify all information pertaining to this property prior to the removal of contingencies.
Location
State CA
County San Diego
Area El Cajon (92021)
Building
Lot Description Sidewalks
Story 1
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional, Seller May Carry
Listing Terms Cash, Conventional, Seller May Carry
Listed by Karen Hubbard • Karen Hubbard, Broker
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